Simpson Thacher is representing CVC Capital Partners (“CVC”) in connection with its announced sale of Hermes Transportes Blindados S.A. (“Hermes”) to Loomis, a Sweden-based company specializing in secure cash management, armored transport and valuables handling. The transaction, which will be executed as a public tender offer through the Lima Stock Exchange, is expected to close in the third quarter of 2026, subject to the satisfaction of certain conditions.
Hermes was founded in 1985 and is today a leading provider of cash management and secure logistics services in Peru. The business provides services that include transport, processing, storage and security custody of valuables such as cash, precious metals and high value minerals, as well as ATM management and collection services. Hermes serves around 1,000 clients across financial, retail, governmental, industrial and mining sectors. The company is publicly listed on the Lima stock exchange and is headquartered in Lima with 19 branches across the country and employing approximately 3,200 people nationwide.
The Simpson Thacher team includes Todd Crider, Luiz Noronha, Siddharth Fresa and John Gorton (Latin America – M&A); Drew Purcell, Edward Grais and Angela Sbano (Tax); Dave Caldwell (Regulatory); and Steven DeLott (Insurance).